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it's the economy. we talk a lot about low interest rates on this show. right now money is as cheap as you can get. christine romans is here to talk about the other side of cheap interest rates. you don't always benefit. you might get a great, you know, bonus on your mortgage rate. >> right. >> i was just looking back in the '80s. a five-year cd, which is where you want to plunk your money. back in the '80s when we were just babies. >> i don't remember the '80s, actually. >> liar, liar. 12%, we used to get 12% on a five-year cd. today, what? 2%. >> not even 2%. if you're lucky. a one-year cd is basically .3%. a savings account is -- i mean, talk about inflation, you're losing money by being safe and by playing it safe. and this really hurts people who are closer to retirement or people who don't want to take a risk in the market. so these low interest rates we've been telling you about, the fed keeping rates low, it's been great to refinance a mortgage, great to borrow money to buy a car, to buy a car, it's been great. it has not been good for savers. sav
it's the economy. we talk a lot about low interest rates on this show. right now money is as cheap as you can get. christine romans is here to talk about the other side of cheap interest rates. you don't always benefit. you might get a great, you know, bonus on your mortgage rate. >> right. >> i was just looking back in the '80s. a five-year cd, which is where you want to plunk your money. back in the '80s when we were just babies. >> i don't remember the '80s, actually....
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some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was part of the spontaneous protest after an anti-islamic video. yesterday paul ryan and john mccain slammed the administration's handling of the deadly attack. >> the response was slow, confused, inconsistent. they first said it was a youtube video and a spontaneous mob. we now know it was a planned terrorist attack if this was one tragic incident that would be a tragedy in itself. the problem is it's part of a bigger picture that the obama foreign policy is unraveling before our eyes on tv screens. >> i think it interferes with the depiction that the administration is trying to convey that al qaeda is on the wane, everything i
some romney advisers to keep the focus on the economy, some are saying romney should have a major foreign policy speech days after the debate. over the weekend, the white house was on the defensive after the friday's announcement that the deadly assault on the u.s. consulate in bengahzi was deliberate and organized. peter king of new york called on susan rice to resign as u.s. ambassador to the united nations after she initially claimed the attack on the consulate was part of the spontaneous...
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economy already fallen into another recession. with more on this, american enterprise institute scholar and former u.s. treasury consultants. welcome to the show. great to have you here. ben bernanke speaking today -- >> very good to be here. >> thank you. gerri: the federal reserve chairman speaking today and said we are not in a recession. it is not likely we will be in recession. very optimistic. very upbeat. are you? >> no. i think we are probably losing momentum if we are not in a recession we are close to. the big problem is at the end of the year if we have not done something about the fiscal cliff we are going to be in recession very definitely. the rest of the world is slowing down as well. so certainly the momentum is not good. whether the growth number for the fourth quarter is a half a percent or three-quarters of% or zero it will feel pretty much the same. we will be close enough to recession to put some real pressure on the lame-duck congress to do something about that fiscal clef. gerri: motors recently in a poll, 6
economy already fallen into another recession. with more on this, american enterprise institute scholar and former u.s. treasury consultants. welcome to the show. great to have you here. ben bernanke speaking today -- >> very good to be here. >> thank you. gerri: the federal reserve chairman speaking today and said we are not in a recession. it is not likely we will be in recession. very optimistic. very upbeat. are you? >> no. i think we are probably losing momentum if we are...
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, alleged stronger economy. everything is in quotes. >> that's right. to me that is why '09 is an analogy for europe because the financial crisis really plateaued in the u.s. in the spring of '09 and the economic data didn't show improvement until the late '09. >> good to have you as always on the program. let's take a look at the markets as we head to break. have you the dow up 150 points, perhaps offer the best levels and nasdaq way off the highs as well and a rare one at that given what mondays have usually meant to the markets over the last several months. up next, live from the value investing congress, the fourth quarter playbook continues live as i fannish from the heart of new york city. will financialing out shine and which pang stocks should you bet on and how big of a threat is china to u.s. stocks? halftime reports comes back. with the fidelity stock screener, you can try strategies from independent experts and see what criteria they use. such as a 5% yield on dividend-paying stocks. then you can cus
, alleged stronger economy. everything is in quotes. >> that's right. to me that is why '09 is an analogy for europe because the financial crisis really plateaued in the u.s. in the spring of '09 and the economic data didn't show improvement until the late '09. >> good to have you as always on the program. let's take a look at the markets as we head to break. have you the dow up 150 points, perhaps offer the best levels and nasdaq way off the highs as well and a rare one at that...
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i think they've heard a lot about the economy. and they're not interested in the minutia. >> governor, let me get your take on style versus substance. and can you really coach style? i mean, maybe you can say don't look at your watch, but aren't these guys who they are by now? >> i think a lot of it comes down to whether or not the candidates look like they're comfortable in their own skin. i think the president certainly does. and it's been perhaps more difficult for governor romney because he's had to change positions a number of times throughout the campaign. >> well, that's the democratic talking point. having said that, do you think that this is -- the debates are a lot about who would you rather have a beer with? who would you like to have lunch with? >> my sense is the debate is about who has the better vision for the country's future. who really understands the challenges. who's got the right plan and who's likeliest to make it happen. >> what do you think the biggest challenge is for the president? in bloomberg, al hunt s
i think they've heard a lot about the economy. and they're not interested in the minutia. >> governor, let me get your take on style versus substance. and can you really coach style? i mean, maybe you can say don't look at your watch, but aren't these guys who they are by now? >> i think a lot of it comes down to whether or not the candidates look like they're comfortable in their own skin. i think the president certainly does. and it's been perhaps more difficult for governor...
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economy was honky-dory. there are a lot of concerns out there so therefore i think investors should brace themselves for a bit of a pause. >> given what you told us, 8% annual average return in stocks the past ten years. if i have stocks outside in a regular account, not in retirement, i shouldn't be selling because of that correction i should weather through and wait for them to go back up; right? i shouldn't go out? >> if your horizon is longer term, there's a lot of reason to stay the course. one, if not stocks, then what? money market yields have never been lower. corporate bond rates have never been lower. junk bonds have never been lower. there's not very many good options. with the interest rates seem to be poised to stay low for a long time, i think stocks look pretty good. >> thank you for being with us. you weren't that much of a buzz kill. it is three days to go until the first -- excuse me -- thh first presidential debate. be sure to stay with fox business for all that coverage. neil cavuto is li
economy was honky-dory. there are a lot of concerns out there so therefore i think investors should brace themselves for a bit of a pause. >> given what you told us, 8% annual average return in stocks the past ten years. if i have stocks outside in a regular account, not in retirement, i shouldn't be selling because of that correction i should weather through and wait for them to go back up; right? i shouldn't go out? >> if your horizon is longer term, there's a lot of reason to...
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how is printing more money good for the economy? >> well, think about the tesla, it misallocates capital into the wrong places. you give a lot of money, that's low interest rate, easy to get and certainly some corporations have benefited. certainly doesn't seem to dir t directdirec directly correlate. >> you sound like a politician, rick, you sound exactly like a politician. you're absolutely right. >> a lot of debate about this policy. a lot of debate about the policy, but no doubt about it, when you look at the equity market -- >> we don't have to worry about the policy until 2015. >> don't fight the fed. we'll see about that. thank, everybody. see you soon. we appreciate your time tonight. >> we have to fight the clock today. have you ever tried to have a conversation with people who are miles away from you all at the same time th? that's not easy. we anchor well together, maria. >> yes, bill. >> 50 minutes left. the 160-point gain on the dow is half gone. 100-point gain right now as we head toward "the closing bell." maria? >> a
how is printing more money good for the economy? >> well, think about the tesla, it misallocates capital into the wrong places. you give a lot of money, that's low interest rate, easy to get and certainly some corporations have benefited. certainly doesn't seem to dir t directdirec directly correlate. >> you sound like a politician, rick, you sound exactly like a politician. you're absolutely right. >> a lot of debate about this policy. a lot of debate about the policy, but no...
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everyday you see all the ways all of us at us bank are heing grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. eryday you see all of us serving you, around the cntry, around the corner. us bank. lou: the white house confirming that it was the target of a cyber attacks originating in china. the obama administration had not identified the source of the attack earlier. fox news not reporting eckersley to the chinese government are responsible for the breach of computers belonging to the white house military office. by the way, that includes the codes for u.s. nuclear commands. the white house's downplaying the cyber attacks saying there is no indication that any debt was removed which seems like a particular statement sends data does not have to be removed to, of course, be read and identified. back in may the pentagon struck a harsher tone saying it would consider cyber attacks acts of war. we are awaiting further comment by the white house. a new report timed it dozens of programs operation fast and furiou
everyday you see all the ways all of us at us bank are heing grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. eryday you see all of us serving you, around the cntry, around the corner. us bank. lou: the white house confirming that it was the target of a cyber attacks originating in china. the obama administration had not identified the source of the attack earlier. fox news not reporting eckersley to the chinese government are...
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the iranian economy has been hit hard. it does have an effect on the economy. we must face the truth. sanctions have not stopped iran's nuclear program. according to the international atomic energy agency, during the last year alone, iran has doubled the number of energy uses in its underground nuclear facility. at this late hour, there is only one way to peacefully prevent iran from getting atomic bombs, and that is by placing a clear red line on iran's nuclear weapons program. [applause] red lines do not lead to war. they prevent war. look at nato's charter. it made clear that an attack on one member country would be considered an attack on all. red lines have helped keep the peace in europe for nearly half a century. and help preserve the peace for decades. it is the failure to place red lines that has often invited aggression. if it were drawn in the 1930's, world war ii might have been avoided. the first gulf war might have been avoided. clear, red lines will also work with iran. earlier this year, they threatened to close the strait. the united states dre
the iranian economy has been hit hard. it does have an effect on the economy. we must face the truth. sanctions have not stopped iran's nuclear program. according to the international atomic energy agency, during the last year alone, iran has doubled the number of energy uses in its underground nuclear facility. at this late hour, there is only one way to peacefully prevent iran from getting atomic bombs, and that is by placing a clear red line on iran's nuclear weapons program. [applause] red...
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also one of the hottest economies in the world. for the last year and a half the country has been run by sebastian panera. he made his fortune bringing credit cards to chile in the late 1970 wrz, richard quest joining us from london. tell us about this. pretty impressive resume for panera. >> not only impressive, but, of course, made international status, hero status, when he led his country's search and rescue off the famous chilean miners last we're. tv the sight of the president constantly always being there with the families that actually moved so much of the world now it's starting to criticize the united states. specifically, quantitative easing. that's the printing of money by the federal reserve. in an exclusive interview you with me the president said that simply printing money in america will not do the trick of rescuing the u.s. economy. >> yes. can you bring money and maybe you can solve the short-term problems. you will never solve the american problem just by printing money. you need to do much more than that, which i
also one of the hottest economies in the world. for the last year and a half the country has been run by sebastian panera. he made his fortune bringing credit cards to chile in the late 1970 wrz, richard quest joining us from london. tell us about this. pretty impressive resume for panera. >> not only impressive, but, of course, made international status, hero status, when he led his country's search and rescue off the famous chilean miners last we're. tv the sight of the president...
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the cost general economies 77 scale and learning. called the learning curve and this is really the foundation of supply side economics. why when you cut taxes, which are just like a price, you reduce costs across the economy and allow the united states to expand the global share of the ever markets or enterprise and wealthy. that's why supply side economics works. it's not merely by balancing the budget or overcoming debt or one of these accounting gem micks that are often treated as conservative economics. it's opening the horizon to the economy to human creativity. and human creativity always comings as a surprise to us. you can't plan it. if you get k plan it, you wouldn't need it. >> can p mitt romney use the phrase politically supply side economics. i think he could if he says that he's reviving the reagan administration. the book was quoted more by -- president reagan most quoted author. he quotedded the book regularly throughout the administration. and reagan didn't balance the budget. he had actually during the reagan adminis
the cost general economies 77 scale and learning. called the learning curve and this is really the foundation of supply side economics. why when you cut taxes, which are just like a price, you reduce costs across the economy and allow the united states to expand the global share of the ever markets or enterprise and wealthy. that's why supply side economics works. it's not merely by balancing the budget or overcoming debt or one of these accounting gem micks that are often treated as...
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more signs of weakness in the global economy. new data overnight from china show its factory sector slowed last month, and a report from hsbc says new export orders declined last month with the sharpest rate in 3 1/2 years. soledad, china has fashioned itself into the factory for the world. when china's manufacturing slows, everyone worries. >> all right, christine, thank you for the upset. >>> it's what everybody's talking about this morning, arnold schwarzenegger says that his life were a movie, nobody would believe it. from body builder to movie star to governor of california, his new book is called "total recall." it's out today and it details his entire life, including the now infamous affair with his house keeper that led to the breakup of his marriage with maria shriver. schwarzenegger talked about that affair in an interview with "60 minutes." >> i think it was the stupidest thing i've done in the whole relationship. it was terrible. i inflicted tremendous pain on maria and unbelievable pain on the kids. >> margita thomps
more signs of weakness in the global economy. new data overnight from china show its factory sector slowed last month, and a report from hsbc says new export orders declined last month with the sharpest rate in 3 1/2 years. soledad, china has fashioned itself into the factory for the world. when china's manufacturing slows, everyone worries. >> all right, christine, thank you for the upset. >>> it's what everybody's talking about this morning, arnold schwarzenegger says that his...
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romney's debate plan, clearly and concisely explain how he can fix the economy. >> i expect to be able to describe that in a way people will understand, and if they do, i get elected. >> reporter: his running mate, paul ryan, is already preparing for his own debate a week away. >> i really believe in the policies that we're providing, we're pursuing. and at the end of the day, i'm just going to go in there and be me. >> reporter: and if you can't control what actually happens in the debate, you certainly control what happens afterwards. the spin already in the planning. ryan's going to be with romney in virginia. the president is staying in colorado for a rally there. veronica? >> tracie, we appreciate it. thank you. >>> nato forces in afghanistan say three international service members and their translator were killed in a suicide bombing in the eastern part of the country this morning. this as the war in afghanistan reached a grim milestone sunday with a death of the 2,000th u.s. service member. nbc's chief foreign correspondent richard engel has the details. >> reporter: there has b
romney's debate plan, clearly and concisely explain how he can fix the economy. >> i expect to be able to describe that in a way people will understand, and if they do, i get elected. >> reporter: his running mate, paul ryan, is already preparing for his own debate a week away. >> i really believe in the policies that we're providing, we're pursuing. and at the end of the day, i'm just going to go in there and be me. >> reporter: and if you can't control what actually...
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in the economy. part of this race is also integrity and character. if you look back and see what we are talking about here, no one is questioning what her parents told her when she was younger or through that timeframe. when she was asked by "the boston herald" why she was being towed to as a native american, she said she did not know. and then after misleading the papers, she said that she self- reported. she never answered why she said that. she has also said that as time goes on, i cannot change of who i am. that is the nature of her commercials. but as with noticed -- as we noticed throughout life, she was white. then she changed her nationality to native american. as she was being considered for recruitment as a result of that director, she was being recruited to ivy league schools. at the pinnacle for success when she became tenured at harvard, she was changed back to being white. when she says she cannot change who she is, she did it twice. >> if you have any evidence, at all, senator, if to s
in the economy. part of this race is also integrity and character. if you look back and see what we are talking about here, no one is questioning what her parents told her when she was younger or through that timeframe. when she was asked by "the boston herald" why she was being towed to as a native american, she said she did not know. and then after misleading the papers, she said that she self- reported. she never answered why she said that. she has also said that as time goes on, i...
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you shouldn't be investing in the real economy because there's not going to be demand in the future so we need to have an economy which is reorganized towards the goal of real investment in production and governments can take the lead in that process both directly through spending but also in terms of tax policy and the signals at their son to the private sector in terms of investment you're critical office tower it's a naturist introduced in latvia but still christine lagarde has recently said let's be easy inspiration for european leaders grappling with the euro crisis how do you respond to that well christine legarde and the i.m.f. generally and the pundits who have been supporting austerity as the proper solution for what ails the world's economies have been desperately seeking a success story and they think they have finally found one in latvia so we have all of these failures and there are some aspects of the latvian austerity story that one could read as a success we do have a return to economic growth after seeing this really huge collapse which occurred in two thousand and eig
you shouldn't be investing in the real economy because there's not going to be demand in the future so we need to have an economy which is reorganized towards the goal of real investment in production and governments can take the lead in that process both directly through spending but also in terms of tax policy and the signals at their son to the private sector in terms of investment you're critical office tower it's a naturist introduced in latvia but still christine lagarde has recently said...
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is a fifteen trillion dollar economy so one point six trillion dollars is about ten percent of that ok and so now you're saying that a deficit spending is essentially a tax who does this tax fall most most heavily on in the population even if those evenly on everybody and everyone and that's the problem with that there is no progress it would be to it it is a flat tax for all intents and purposes on every dollar of production because each dollar of credit currency is devalued and so you need more of them and yet your salary and your you know your other income typically doesn't go up so there is some ability to evade this of course the stock market is going up dramatically in the last four years but for the ordinary person who's out there trying to earn a wage it's an entirely different situation because their salary isn't going up at all and yet the cost of things like gasoline and heating oil is going to dramatically i mean so we have much talk right now about various taxes we have both candidates talking about their tax policies we have the fiscal cliff with the possible expiratio
is a fifteen trillion dollar economy so one point six trillion dollars is about ten percent of that ok and so now you're saying that a deficit spending is essentially a tax who does this tax fall most most heavily on in the population even if those evenly on everybody and everyone and that's the problem with that there is no progress it would be to it it is a flat tax for all intents and purposes on every dollar of production because each dollar of credit currency is devalued and so you need...
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economy in 2013. we could get a point, point and a half up on gdp just from a revival in the housing. europe is a mess. i've thought the euro has to go down, went above 130, is a little lower now. they have to bring that down some. i've been stung by that. that's the only way i think they'll save the periphery. the periphery is going to be a mess for many years to come. there are fiscal reforms that will be slow and painful. as far as china is concerned it's stabilizing there, it's not easy to come off a mammoth real estate boom. they're doing a better job than we did. >> craig barrett is our guest host today, former intel chairman and ceo and talked about how technology is going to go the same way as the international markets, 70% to 80% of the sales of big tech companies are. do you worry about it coming back to our shores anything that's happening overseas and affecting our own home companies, too? >> there's no question. what is it, 40%, 45% of the profits of the s&p come from global non-u.s. sale
economy in 2013. we could get a point, point and a half up on gdp just from a revival in the housing. europe is a mess. i've thought the euro has to go down, went above 130, is a little lower now. they have to bring that down some. i've been stung by that. that's the only way i think they'll save the periphery. the periphery is going to be a mess for many years to come. there are fiscal reforms that will be slow and painful. as far as china is concerned it's stabilizing there, it's not easy to...
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in today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes meet rising prices for food and gas. more americans are living in poverty than when president obama took office and fifteen million more are on food stamps. president obama and i both care about poor and middle-class families. the difference is my policies will make things better for them. we shouldn't measure compassion by how many people are on welfare. we should measure compassion by how many people are able to get off welfare and get a good paying job. my plan will create twelve million new jobs over the next four years helping lift families out of poverty and strengthening the middle-class. i'm mitt romney and i approve this message because we can't afford another four years like the last four years. ♪ [ mitt romney ] there are 47% of the people who will vote for the president no matter what... who are dependent upon government, who believe that they are victims, who believe that go
in today's economy. too many of those who are working are living paycheck to paycheck trying to make falling incomes meet rising prices for food and gas. more americans are living in poverty than when president obama took office and fifteen million more are on food stamps. president obama and i both care about poor and middle-class families. the difference is my policies will make things better for them. we shouldn't measure compassion by how many people are on welfare. we should measure...
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for its past 30 years we've been shifting from a w-2 economy to a 1099 economy. in other words, more and more companies are using contract workers and consultants to get things done. and that represents a huge opportunity for people with experience and expertise. and best of all, you don't have to ask anyone's permission to get started. you know, it's true that self-employment can be difficult. it involves more risk, and it can take awhile to get invested-- established. but it also offers incredible rewards like higher hourly rates and complete independence. and with social media revolutionizing the field of personal branding, it's never been easier to position yourself as an expert in your industry. and that adds up to a great way to get your life back on track while helping our sluggish economy at the same time. i'm patrick-- . >> tom: that is nightly business report here that's nightly business report for monday, october 1. have a great evening everyone, and you too tom. >> tom: goodnight susie, we'll see you online at: www.nbr.com and back here tomorrow night
for its past 30 years we've been shifting from a w-2 economy to a 1099 economy. in other words, more and more companies are using contract workers and consultants to get things done. and that represents a huge opportunity for people with experience and expertise. and best of all, you don't have to ask anyone's permission to get started. you know, it's true that self-employment can be difficult. it involves more risk, and it can take awhile to get invested-- established. but it also offers...
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many say the economy has stalled. we're going to break it down. >>> plus oil companies throw money at mitt romney like there is no tomorrow. but a new study shows their business is actually better with a democrat in the white house. we have the surprising details. >>> two of america's greatest pastimes together. football and victoria secret models. why the nfl blitz by the underwear company might be pure business brilliance. even when they say it's not it is always about money melissa: first let's take a look at the day's market headlines a surprise surge in u.s. manufacturing gave stocks a triple digit boost. that was early on though and it trade faded. the dow closed up 77 points. one possible reason, ben bernanke. the fed chairman defended his money printing ways today but he also said congress must do more to ss ace the recovery. >>> american express will pay more than $112 million. regulators allege that amex misled customers about debt collected, discriminated against certain card applicants and charged improper
many say the economy has stalled. we're going to break it down. >>> plus oil companies throw money at mitt romney like there is no tomorrow. but a new study shows their business is actually better with a democrat in the white house. we have the surprising details. >>> two of america's greatest pastimes together. football and victoria secret models. why the nfl blitz by the underwear company might be pure business brilliance. even when they say it's not it is always about money...
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economy is doing better than the world right now. europe is not dealing with its fiscal problems, not dealing with the economic growth problems and i think there is still a lot of adjustments necessary in china and in asia because of the chinese problems and the united states we are gradually move ago long. we're gradually growing i think building momentum, particularly in housing and orders and i think that should allow the u.s. manufacturing sectors should be doing a bit better than around the world and that inneed is the days. >> do you believe we can hold onto growing plus 50 numbers through year end? i know barring all the vasslations in the individual data, can we built on this? >> it is a close call in manufacturing. of course we are affected by what's going on around the world in manufacturing. in the broader economy if you look at the housing sector, the consumer sector, various service sectors, yes, i think the u.s. economy can continue to grow steadily and pick up moment unas we get into next year. >> the market is reactin
economy is doing better than the world right now. europe is not dealing with its fiscal problems, not dealing with the economic growth problems and i think there is still a lot of adjustments necessary in china and in asia because of the chinese problems and the united states we are gradually move ago long. we're gradually growing i think building momentum, particularly in housing and orders and i think that should allow the u.s. manufacturing sectors should be doing a bit better than around...
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all i talked about what i would do to turn the economy around. it worked. unemployment has dropped faster than any other state. down 2.3 percent. last month, we were second to texas in job creation. my competition is governor perry. if he talks jobs, governor romney, he will do well. that is the biggest issue in our country. clearly, it is an issue in florida. we have done well but we still have people unemployed. a lot better than what we were but we still have a lot of work. >>neil: you reminded me at the convention and other times we have chatted, polls are fleeting and fickle. but it is interesting to me that in some of the states, swing states, the president made inroads and it could change over night. if -- in ohio, in michigan, in wisconsin, all the republican governors, all practicing turn arounds, all utilizing policies that would appear to be anathema to president obama but now the benefit seems to go to...president obama. >>guest: it is incumbent upon governor romney to talk more about what he will do on jobs. whatever the issue is, if you talk t
all i talked about what i would do to turn the economy around. it worked. unemployment has dropped faster than any other state. down 2.3 percent. last month, we were second to texas in job creation. my competition is governor perry. if he talks jobs, governor romney, he will do well. that is the biggest issue in our country. clearly, it is an issue in florida. we have done well but we still have people unemployed. a lot better than what we were but we still have a lot of work. >>neil: you...
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. -- socially-just market economy. for some, he represents welfare cuts that were pushed through in the previous government. >> i'm not jumping for joy. the fact of the matter is, he is what we've got. >> he is a good candidate to meet chancellor merkel. we need a sound program, a united party, and a candidate who can champion that program. that will improve our appeal to voters. >> the party's ste left wing party's stinb -- the party boss left wing is behind -- the party's left wing is behind steinbruck. >> our correspondent has been following this note. tell us more about -- this vote. tell us more about steinbruck and merkel. how do they actually differ? >> not very much. from 2005 to 2009, peer steinbruck was merkel's finance minister. he was initially opposed to a stimulus package. he later changed his mind. that is because he is a pragmatist, like angela merkel. during that time that they work together, he shaped, in a very important way -- they worked together, he shaved, in a very important way, per economic th
. -- socially-just market economy. for some, he represents welfare cuts that were pushed through in the previous government. >> i'm not jumping for joy. the fact of the matter is, he is what we've got. >> he is a good candidate to meet chancellor merkel. we need a sound program, a united party, and a candidate who can champion that program. that will improve our appeal to voters. >> the party's ste left wing party's stinb -- the party boss left wing is behind -- the party's...
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effects of qe3 on the economy sent a damper on the stocks. a nice way to begin the day with 75 up on the dow, 3.6 on the s&p, and, again, nasdaq is the only one in the red. lauren: sometimes the fed tie doesn't list everything. silver ending at seven month highs. look at that. david: oil, a little of a rise, natural gas, though, we want to focus on natural gas because we have seen that thing grow for the past month or so. it was up 5% today. if you're looking for some play in energy, oil seems a little too hectic for you, go to natural gas. with ce get -- can we get that up there? okay. switch to airlines. lauren: they are seeing a pop today. as you see, there was a report out earlier saying the outlook for the airline industry is improving. that's a good sign. look at that. up arrows across the board. david: ibm, you knew it was a pick when warren buffet went in there. today, look at this, an all time 10-year high at the top there trading at $210.43 per share. that was a 1.5% jump today. a nice big move by ibm. fed chairman ben bernanke says
effects of qe3 on the economy sent a damper on the stocks. a nice way to begin the day with 75 up on the dow, 3.6 on the s&p, and, again, nasdaq is the only one in the red. lauren: sometimes the fed tie doesn't list everything. silver ending at seven month highs. look at that. david: oil, a little of a rise, natural gas, though, we want to focus on natural gas because we have seen that thing grow for the past month or so. it was up 5% today. if you're looking for some play in energy, oil...
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into cars a report. there are those who desperately need it to survive mas spoken to is a ton of money to one look. goldman the fish. and the suppresses the prize the rights of the food for. those who don't get their share of the traits. good by god's. grace and you know and don't last but not the one not us that people need to know about it i mean not look at it from the company from. those who suck it out to prosper. inside the cities and say. you know. it's. not. licensing. no one can live without it's in one of the largest blood banks in the world. a lot of nigeria. on our team. but. my parents really truly honestly believe that what had happened was as a result of my father's exposure to agent orange i was born with multiple problems . i was missing my leg and my fingers and my big toe on my right foot i use my hands a lot in my artwork i find myself drawing my hands quite a bit to me for my hands you know just as if anyone would. but they do t
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into cars a report. there are those who desperately need it to survive mas spoken to is a ton of money to one look. goldman the fish. and the suppresses the prize the rights of the food for. those who don't get their share of the traits. good by god's. grace and you know and don't last but not the one not us that people need to know about it i mean not look...
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find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune in to kaiser report on our.
find out what's really happening to the global economy with max cons or for a no holds barred look at the global financial headlines tune in to kaiser report on our.
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happening to the global economy cars report on r.g.p. my parents really truly honestly believe that what had happened was as a result of my father's exposure to agent orange i was born with multiple problems . i was missing my leg and my fingers and my big toe on my right foot i use my hands a lot in my artwork i find myself drawing my hands quite a bit to me. for my hands you know just as anyone would but they do tell a story they tell a story of. their oxen. sigrid laboratory to mccurry was able to build the needs most sophisticated radar which on rigidly doesn't give a dog.
happening to the global economy cars report on r.g.p. my parents really truly honestly believe that what had happened was as a result of my father's exposure to agent orange i was born with multiple problems . i was missing my leg and my fingers and my big toe on my right foot i use my hands a lot in my artwork i find myself drawing my hands quite a bit to me. for my hands you know just as anyone would but they do tell a story they tell a story of. their oxen. sigrid laboratory to mccurry was...
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a strong economy means an economy where people will want to invest, where returns are are high, where money will flow in and those will be things that support the dollar in the medium to long term. so i don't see any insontscy wi inconsistency in our policy and maintaining a strong dollar. >> i want to make sure we got a question in about unemployment because it is a question i think a lot of people are thinking about. have you been surprised that the policies that have been implemented in the last few years haven't had a greater impact on the unemployment rate and what in your mind are the main explanations for why unemployment is still at the level that it is at? >> well, at some level the issue is not unemployment itself. it is the fact that the economy hasn't grown that fast. the unemployment rate has come down about as much or even a little more than you might expect it would given the speed of growth of the economy overall. if the economy's growing at trend or less, you're just not going to see much progress in unemployment. real question is not is there something wrong with the
a strong economy means an economy where people will want to invest, where returns are are high, where money will flow in and those will be things that support the dollar in the medium to long term. so i don't see any insontscy wi inconsistency in our policy and maintaining a strong dollar. >> i want to make sure we got a question in about unemployment because it is a question i think a lot of people are thinking about. have you been surprised that the policies that have been implemented...
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economy. we have seen head winds coming from slowing trade. >> reporter: if you combine imports and exports, the european union is our biggest trading partner. >> so we have a very strong interest in europe solving its problems. >> reporter: but the problem won't be solved quickly says ian brehmer who heads the eurasia group, a global research firm. what brings the europeans back to growth? no one started to address that issue. it's like saying what's going to bring the united states back to a healthy and manageable deficit. >> reporter: and the more imminent threat to the economy may be the so-called fiscal cliff. the ratings agency fitch has said uncertainty about u.s. fiscal policy is the single-biggest near-term threat to the global recovery. >> winston churchill once said that the americans always do the right thing but only after extinguishing every other possibility. that is precisely what the americans are doing here. >> reporter: bremmer believes washington won't go over that cliff, b
economy. we have seen head winds coming from slowing trade. >> reporter: if you combine imports and exports, the european union is our biggest trading partner. >> so we have a very strong interest in europe solving its problems. >> reporter: but the problem won't be solved quickly says ian brehmer who heads the eurasia group, a global research firm. what brings the europeans back to growth? no one started to address that issue. it's like saying what's going to bring the united...
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economy. they have responded to it to a variety of tools. i think a couple things that we learned from watching their experience and troubles and difficulties they have been through and to that i would point to that we have tried to learn from them, the first is, aggressiveness, early aggressiveness of monetary policy. what we learned from japan is we learned from the 1930s. once you have a deflation, prices dropping, prices and wages are dropping, they can be very very hard to get out of that. there is a lot of downward pressure on the economy. we were very aggressive early on in the united states to avoid deflation and we have maintained inflation close to our 2% target which is close to where we think it should be. low enough so it does not create major problems for businesses, markets and so enough and high enough to stay away from the deflation boundary. the other thing is getting to your banking system and recapitalizing and getting it back into operation as soon as possible. japanese to
economy. they have responded to it to a variety of tools. i think a couple things that we learned from watching their experience and troubles and difficulties they have been through and to that i would point to that we have tried to learn from them, the first is, aggressiveness, early aggressiveness of monetary policy. what we learned from japan is we learned from the 1930s. once you have a deflation, prices dropping, prices and wages are dropping, they can be very very hard to get out of that....
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merciless capitalist economy on one hand and being very very conservative visa vi and the mes and powers and fears and threats etc recently some other stuff israel will not for long will be above the political debate united states of america it will be an asset for the republicans and a liability for the democrats embody in the lead will be totally removed from the american political equations the stripped severe strategic mistake. by the israeli prime minister binyamin at the neo israel should remain out of any political nuance in america partisan political nuance in america thank you very much for joining us here on r.t. leisure. as his day starts at five am even earlier in the winter tending to his flock of story hundred sheep in the mountains and plains of t.v. thirty five years old it wasn't the life he dreamt of having studied accounting but he dition and familiar duty dictated that he would take on the care of these animals after his father. has just made camp at their winter farm stage setting up his uit the traditional two fenian round tent made of diskin. back amongst his famil
merciless capitalist economy on one hand and being very very conservative visa vi and the mes and powers and fears and threats etc recently some other stuff israel will not for long will be above the political debate united states of america it will be an asset for the republicans and a liability for the democrats embody in the lead will be totally removed from the american political equations the stripped severe strategic mistake. by the israeli prime minister binyamin at the neo israel should...
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10/12
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romney only leads on handling the deficit but the two are split on the economy. obama is leading on medicare, health care. people find his international policies doing a little bit better, as well. the romney campaign is trying to cut into the margins and what has been obama's strength, to bring that down ahead of the debate on wednesday which will focus on domestic policy which is interesting that romney is going after foreign policy this week. >>shepard: i found it interesting, as well, but based on what has happened the last couple of weeks, i guess governor romney and his team think we have an opportunity here, why not seize it? >>guest: absolutely. we saw the op-ed today from romney. that's a point of weakness for obama at this point. so the romney campaign will go after that. foreign policy will be a big issue with only a little over a month to go. >>shepard: thank you, great to see you. >> administration folks are trying to figure out how the deadly attacks in benghazi occurred. a suicide bombing in afghanistan pushes the american casualty count beyond a g
romney only leads on handling the deficit but the two are split on the economy. obama is leading on medicare, health care. people find his international policies doing a little bit better, as well. the romney campaign is trying to cut into the margins and what has been obama's strength, to bring that down ahead of the debate on wednesday which will focus on domestic policy which is interesting that romney is going after foreign policy this week. >>shepard: i found it interesting, as well,...
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we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. >> this is wbal-tv 11 news in baltimore. >> good morning. i am stan stovall. it is all about the o's, baby. after 15 seasons of frustration, the orioles are back in the postseason. after sweeping the red sox over the weekend, they were able to capitalize on a los angeles loss to texas to capture a spot in the playoffs. three games remain in the regular season. pete gilbert will be with the team in tampa and have live reports on 11 news at 5:00, at 6:00, and 11:00 p.m. here is sarah caldwell. >> on the bw parkway southbound, an accident prior to arundel mills. down to 16 miles per hour as a result. we are checking reports of an accident but so far have not found one. normal delays on the outer loop towards edmondson. 30 miles per hour towards the 895 split. watch for the normal volume- related delays. here.gn
we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. >> this is wbal-tv 11 news in baltimore. >> good morning. i am stan stovall. it is all about the o's, baby. after 15 seasons of frustration, the orioles are back in the postseason. after sweeping the red sox over the weekend, they were able to...
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he said overall for the economy savers will benefit by qe2, by qe3 because the economy overall will be better. he says he's not monetizing the debt. he says the fed will unwind all of this when it comes time, and he says he expects this type of monetary policy will be in place for a considerable amount of time after the economy strengthens. he also addressed a question posed to him by the fox business network asking whether or not the united states is currently in a recession. >> our unemployment rate of 8.1% currently is really about the same as it was in january. we're really not making progress, at least not this year. so our concern is not really a recession, our concern is growth will continue but at a pace that's insufficient to put people back to work. >> reporter: he says inflation rates have been on target, though the federal reserve continues to watch that, and that the fed has the tools to unwind and watch inflation. ashley? ashley: yeah, interesting session today with mr. bernanke in indianapolis. rich, thank you very much. let's go to adam shapiro in the studio. adam, we'r
he said overall for the economy savers will benefit by qe2, by qe3 because the economy overall will be better. he says he's not monetizing the debt. he says the fed will unwind all of this when it comes time, and he says he expects this type of monetary policy will be in place for a considerable amount of time after the economy strengthens. he also addressed a question posed to him by the fox business network asking whether or not the united states is currently in a recession. >> our...
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find out what's really happening to the global economy. there are no holds barred the global financial headlines to cause a report. and the. other part of it and realized. i'm sorry welcome to the big picture. and will welcome to you if you just joined us here on our let's take a recap of a headline. spending turns violent. clashes with. syria and iran topped the debate at the u.n. general assembly with. the u.n. . role. the prospects for. julian i saw nj addresses world leaders at the u.n. tearing into washington by the whistleblower who was speaking through an r d sponsored video in a format that does embassy in london where he still holds up. now r.t. talks to professor jeffrey summons about europe's austerity program which many governments believe will save the ailing economies coming up. i'm talking to jeffrey summers an associate professor at the university of wisconsin milwaukee he's also a co is rare and contributor to the forthcoming book the contradictions office start see this so secret on the cost of the new liberal both model
find out what's really happening to the global economy. there are no holds barred the global financial headlines to cause a report. and the. other part of it and realized. i'm sorry welcome to the big picture. and will welcome to you if you just joined us here on our let's take a recap of a headline. spending turns violent. clashes with. syria and iran topped the debate at the u.n. general assembly with. the u.n. . role. the prospects for. julian i saw nj addresses world leaders at the u.n....
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the global economy. to. the mission in free. education free. free. free. free. free. free. to create something. of the worlds. i have who is the former head of the world zionist organization and also the former head of the israeli parliament so i thank you very much for joining us here on r.t. israel defines itself as a jewish and democratic state does this definition hold or is there a contradiction between the two marketing wise sounds from plastic to the price of one i mean not only it's a democracy it's a jewish democracy and many people maybe most of the people are very satisfied with it because they don't truly think about the built in oxymoron or paradox which means the source of authority of the democratic components is the human being it's you and me and him and her we are the source of authority of ourselves the eventually the source or thirty of the jewish component of the equation is the god in heaven so it's actually a state which was but two. sources of authority democracy and theocracy this is impossible this is a coup luzhin ways for its appearance many time
the global economy. to. the mission in free. education free. free. free. free. free. free. to create something. of the worlds. i have who is the former head of the world zionist organization and also the former head of the israeli parliament so i thank you very much for joining us here on r.t. israel defines itself as a jewish and democratic state does this definition hold or is there a contradiction between the two marketing wise sounds from plastic to the price of one i mean not only it's a...
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martin o'malley says he is focusing on improving the maryland economy. we'll have details on a plan to spur job growth in construction. am i not everybody is on board. -- and why everybody is not on board. >> i have >> the women's industrial exchange in baltimore was incorporated and has been in business every sense, serving fabulous food and selling great handmade goods. >> you can find clothing, toys, jewelry, and all kind of handcrafted local goods. >> it is a colorful and exciting place. so many local handcrafted items. i shopped here myself. >> these vendors are a part of what is become a piece of baltimore history. the exchange is celebrating its 130th birthday. it inc. back in 1882 as the outlook for creative women. >> is started as a -- the women would come down. today, it is all local artists. >> if you think decade by decade, the different things that have happened. >> the exchange is not just a place to sell your goods. the also offer education class is for small-business owners. >> we have classes your every third saturday. they come in and t
martin o'malley says he is focusing on improving the maryland economy. we'll have details on a plan to spur job growth in construction. am i not everybody is on board. -- and why everybody is not on board. >> i have >> the women's industrial exchange in baltimore was incorporated and has been in business every sense, serving fabulous food and selling great handmade goods. >> you can find clothing, toys, jewelry, and all kind of handcrafted local goods. >> it is a...
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capitalist economy on one hand and being very very conservative views of the and the mes and powers and fears and threats etc preserve the some other stuff israel will not for long will be above the political debate in states of america it will be an asset for the republicans and a liability for the democrats embody in the lead will be totally removed from the american political equations the severe strategic mistake. by the israeli prime minister binyamin at the neo israel should remain out. in the political nuance in america partisan political nuance in america thank you very much for joining us here on r.t. leasure. my parents really truly honestly believe that what had happened was as a result of my father's exposure to agent orange i was born with multiple problems . i was missing my leg. and my fingers and my big toe on my right foot i use my hands a lot in my artwork i find myself drawing my hands quite a bit to me for my hands you know just as if anyone would. but they do tell a story they tell a story of. oxygen. in the news a secret laboratory tim curry was able to build a new
capitalist economy on one hand and being very very conservative views of the and the mes and powers and fears and threats etc preserve the some other stuff israel will not for long will be above the political debate in states of america it will be an asset for the republicans and a liability for the democrats embody in the lead will be totally removed from the american political equations the severe strategic mistake. by the israeli prime minister binyamin at the neo israel should remain out....
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markets finance scandal find out what's really happening to the global economy for a no holds barred look at the global financial headline news joining to cause a report on our. secret laboratory curbeam was able to build a new most sophisticated robot which fortunately doesn't give a darn about anything tim's mission to teach creation why it should care about humans and. this is why you should care only on the dog.
markets finance scandal find out what's really happening to the global economy for a no holds barred look at the global financial headline news joining to cause a report on our. secret laboratory curbeam was able to build a new most sophisticated robot which fortunately doesn't give a darn about anything tim's mission to teach creation why it should care about humans and. this is why you should care only on the dog.